Car park to the North of Bestwood Park Drive West, Nottingham NG5 5DF

Offered at auction, this freehold car park features approximately 60 spaces and includes a telecommunications installation. The potential income from parking on site is estimated to be around £223,000 per annum, as advised by a major parking operator. Additionally, there is a signed agreement for the telecommunications installation, which guarantees an income of £2,629.40 per annum for a period of 10 years starting in August 2026. The car park benefits from rights that support adjoining commercial units, including access and designated parking spaces. This site is strategically located to the north of Bestwood Park Drive West, within a well-established residential area of Nottingham, surrounded by local shops and essential amenities. The property will be sold via live-streamed auction on 30 September 2026, with binding contracts exchanged at the point of sale. Interested buyers should be aware of the auction deposit and fees, which include a 10% deposit and a buyer’s fee of 1.8% (including VAT). The guide price is subject to a reserve price within ±10%. This property presents a unique investment opportunity with additional development potential, subject to planning permissions.